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Search Results 0 to 49 of about 79 (some duplicates have been removed)
life work for more families. another step we can take is on taxes. there's a lot of talk about taxes in washington right now. for most families, tax preparation is hard and is time-consuming. this time of year especially. think about it. think what they're going through. what tax form are you supposed to fill out? is it more beneficial to file jointly or as a married couple or separately? is a truck or gas mileage deductible? are you forgetting something the irs will give you credit for? and in 1935, the form 1040 was accompanied by a two-page instruction booklet. today, taxpayers have to wade through over 100 total pages of instructions. just filling out a w4 at a knew job is confusing. you really shouldn't need a work sheet to see how many dependents you have. chairman dave camp and his committee are already underway in their efforts to responsibly rewrite the nation's tax laws, as an education policy, health care and all else, tax reform should reflect the priority of working families, and the future they're trying to shape for their kids. if nothing else, we must stop putting spe
direction to help make life work for families. another step we can take is on taxes. there's a lot of talk about taxes in washington right now. for most families, tax preparation is hard and it is time-consuming. this time of year especially. think about it, think what they're going through. what tax from are you supposed to fill out, is a more beneficial to file jointly or as a married couple or separately? is a truck or gas mileage deductible or are you forgetting something that the irs gives credit for? in 1935, the form 1040 was a concrete but a to instruction booklet. today, taxpayers have got to wade through over 100 total pages of instructions. just filling out at w-4 at a new job is confusing. you really shouldn't need a worksheet to see how many dependents you have. chairman dave camp and his committee are already underway in their effort to responsibly rewrite the nation's tax law. as in education policy, health care and all else, tax reform should reflect the priority of working families, and the future their time to shape for the kids. if nothing else, we must stop putting spec
is expected to ask congress to agree to a package of short term spending cuts and tax reforms off the pending sequester cuts. he will come to the cameras at 1:15 eastern. you will see that online at c-span.org. more talk about the budget a little bit later today as the head of the congressional budget office, douglas elmendorf will talk about the release of the annual budget and economic outlook. that will be live from cbo headquarters at 2:00 p.m. eastern. we'll have it here on c-span2. also congressman patrick meehan and other house democrats will brief reporters on legislation to combat gun trafficking. that will be live at 2:00 p.m. eastern on our companion network, c-span3. >> the single thing that coolidge did that we want to remember, when he left office, the budget was lower than when he came in. that's the story for us now in a period where we're concerned, well, how did he do that? the economy grew a lot. maybe more than 3% sometimes. unemployment was below 5% the budget was balanced due to his own parsimony. how did i manage to make the budget go lower? how did that help the econom
will get back to you if there are more details. the fbi is promising that in the next few hours. >> tax hike to high income earners. he may be going to the well again. the president insists he needs more money to reduce the deficit and will likely focus on a familiar target. white house correspondent wendell goaler tells us how that is going over. >> as the president headed to minnesota to talk about gun violence, republicans on capitol hill tried to keep the nation's attention on fiscal matters. >> we are having trouble in large part because spending is a problem. it is what is chasing jobs overseas and causing much anxiety about our future. >> sunday in a presuper bowl interview with cbs's scott kelly mr. obama said this year's tax changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have acc
asks for, if we give him every tax increase he asks for, if we do absolutely everything that the budget he's required by law to submit requests, we will begin to pay down the first penny of debt never. in fact, if we do absolutely everything that the budget he's required by law to submit to us asks, the debt will continue to grow forever. i agree with so much my friends on other side are saying about the sequester, about the fiscal cliff. that's why we acted in may on this body, that's why we passed another sequester replacement in august, that's why we passed another one in december. i agree. but can't we also agree that if you're going to be commander in chief of america, if you're going to be the president of the united states, if you're going to uphold and defend the constitution, and we have our former joint chiefs of staff chairmen telling us that our greatest national security threat is our growing debt, shouldn't it be fair to ask the president to tell us when, if ever, he plans to begin paying back the first penny? mr. speaker, it's not a stupid piece of legislation that we're
all of our revenue from the sale of postage. we take no tax dollars. we do not want tax dollars. >> zero. zero tax dollars. in other words, you're not getting shafted. now let's just make sure that we're all clear on this issue. the post office receives, again, as i said, zero tax dollars for operations. it's run as an independent agency. postal employees are civil servants. it's the only institution in america that has been forced to prefund for 75 years a pension plan in a ten-year window. it would have a $1.5 billion surplus in 2012 without this pension requirement. do we get that, folks? this is government intervention by the republicans before they handed the gavel to nancy pelosi. and this is what they stuck the workers with. they want to destroy the post office because they want to privatize everything. today i guess you can say is chapter one, where is the banner, mission accomplished for the republican destruction of the middle class in this country. now, congressman darrell issa, who he just loves the news. he called it common sense-sense reform. of course it's common
of the things that mitt romney talked about. he said there's some low-hanging fruit. there are a lot of tax loopholes that should be closed. i agree with him. we haven't done that. >> like which ones? >> well, oil subsidies. we have issues dealing with shipping jobs overseas. why don't we do some -- fill some of these -- >> i think if my numbers are correct, you do the oil and gas subsidy, i think that might save you something like 25 billion over ten years. >> no, it's more than that, george. but let's assume because the debt ceiling doesn't kick in till august, i believe that's what we'll have, but let's add these together. let's say you're right, 30 billion. but let's -- jobs overseas, we can dial that however we want because it's all -- a huge loss of revenue, corporate jets, tehre are all kind of things that are low-hanging fruit. >> you've heard the republicans across the board here. they're saying they're done with revenues for 2013. >> george, the american people are on our side. the american people don't believe in these austere things. we believe that the rich should contribute. w
and tax reforms. >> i think the sequester's going to happen. >> washington desperately needs some adult leadership. >> talking like adults. let's get this country back on the mother [ bleep ] track. oh yeah! >> the president and the first lady are kind of like the mom and the dad of the country. >> there isn't any resistance to obama anywhere. >> at some point washington has to deal with its spending problem. >> and when your dad says something, you listen. and when you don't, it usually bites you in the [ bleep ] later on. >> i've had enough of it. it's time to act. ♪ >>> the clock is now ticking on what many economists say is a near-certain double dip recession if more than a trillion dollars in automatic spending and defense cuts are allowed to occur at the beginning of next month. and while the president is busy running the government, today nominating a new candidate for the interior department. and yesterday pleading for action to prevent the so-called sequester, republicans have been out front telling anyone who will listen that they, too, are absolutely opposed to any cuts to
to get at the end of the line and have a criminal background check, learn english, pay back your tax. but it can't be unattainable. it can't be so long that it's unattainable. >> well, mayor, senator rubio is proposing a path that i actually think creates a new class system of workers in this country. rubio's plan would let businesses hire lower skilled undocumented workers if americans can't fill the job openings. that's very conditional in my opinion. it's a loophole in the immigration law. it means lower skilled immigrants get a different kind of status. do you agree this plan? is this the correct path to take? >> well, as i said, i believe that there needs to be a path to earn legalization, to earn citizenship for the 11 million people who are here. >> regardless of their skills, correct? >> right. we don't want to divide the parents from the kids. we don't want to deport the parents and leave the kids here. remember, those 11 million undocumented have 5 million citizen children and a couple million dreamers. so i think that there is momentum in the senate and increasingly in the
of a tax -- of disclosure. michael bennett, senator from colorado, happens to be a brother of our editor in chief, james bennett. you would think that would be great access, but it is a hurdle. they do not dislike each other, but they are so careful about not mingling interests of what got you here today was the talk about immigration. i thought about getting all of you together, but you have slightly different takes. you are a member of the group of eight. maybe it is not a group of 7.5, depending how senator menendez is doing. >> we will see. >> in the question of how the white house -- even today, the president said at the democratic house retreat that he is heartened by democrats and republicans both seem to take this seriously. politics may not be easy. there are regional variations in the country. there is youth and dynamism. i love you in your group of eight role. also sharing your work with the colorado compact. talk about the michael bennett vision of what we need to do to achieve immigration reform. >> if i can, let me take you to colorado on this issue. that is where my intere
're not going to give any tax increases to the rich, but we're going to let the middle class and the poor pay more we're going to let unemployment insurance run out on people that can't find work. every tax loophole in the world, we're going to leave it in place and start examining things that seniors need. i mean, how do you explain that better? >> i don't think hogan is correct about this. the core of it they lost two seats in the senate. they were trying to talk about rape and abortion and that was a conserve tiff view. marco rubio is saying you need to take an immigration deal. and the republican tea party is saying no, it's not possible, it's amnesty. you're wrong. i don't think this is purely about tone. the republican party has to move to the left. karl rove thinks that, marc marco rubio thinks that. it's not guilty aboutish issues, like you just said. when you look at, hogan, the war on women and the legislation they passed in certain states against women's right to choose, it wasn't that women were objecting to the tone, they were objecting to the policy. when you look at they're clo
with taxes. the president was very clear that when meeting the economic and fiscal challenges ahead, that he wants to keep in perspective whether the cop or the receptionist was able to make it. and he did contrast it with what the republicans want. and they want to cut medicare and social security. and so he said fine, let's argue this out in the public. and he clearly felt confident that he and we would win if that bat 8 takes place. >> now, the reason i'm asking, congresswoman, is "politico" is reporting that the economy is crumbling. let me quote. >> if that is true and the democratic caucus stands together and the president stands firm, they will have backed down yet again. >> exactly. you know, reverend al, that this sequester was never intended to go into effect because the cuts were so devastating. and so this, again, would be a capitulation to the democrats. >> and i think that's the real point, joan. the sequester was put out with such unreasonable cuts, it was to make sure that we never got there. and to act as though now we may have gone there is absolutely unthinkable when it wa
taxes. maybe i even used someone else's social security number. am i going to be penalized? does that disqualify me from being a part tof this? what happened to those family members, who wanted to work but couldn't find employment legitimate? you can't penalize these people in that way. >> i think we learned from action program for workers who can have a work permit and have temporary reprieve from deportation, that the fee is also a huge issue in our communities. you're asking people to pay back taxes, to pay penalties, to pay fees. you're not really creating a pathway for people to go from a provisional status to anything else. >> here's the other issue. what the fines are going to be. more data. $1,000 fine would affect 2% of undocumented population. as you scale up, if it's a $10,000 fine, that's maybe knocking out a quarter of the folks that we're talking about. congressman, i mean, one of the things i think is interesting, when we talk about these requirements, it seems to me that the requirements for the pathway to citizenship were reverse engineered around the campaign tr
, yes, deficits and taxes and sequesters and potential government shutdowns, debt ceiling, we'll talk about that stuff. but we'll talk about it from the perspective on how we're making sure someone works hard in this country. a cop, teacher, a construction worker, or a reception worker, they can make it if they work hard. their kids can make it and dream bigger dreams than they have achieved. obviously, a lot of what we'll be working on over the next few weeks is going to be on how do we deal with this sequester issue. i want to make this quick point. i had a press conference this week in which i reiterated that i'm prepared, eager, and ang shouse that ends this government by crisis that every two week or every two months or every six months we are threatening this hard recovery, are finally housing is picking up and real estate is doing better and unemployment numbers are still too high. we're geing job growth and manufacturing is doing well and we continue to have these self-inflicted crisis here in washington where suddenly someone taps the brakes. what i said this week was i want
evening and happy mardi gras. >> he's still recovering. >> health care, taxes, the economy. >> that takes time to explain to people. >> the republican party just isn't there. >> washington has to deal with its spending problem. >> that may take more than one election cycle. >> i've had enough of it. it's time to act. >> get used to this new word. >> the sequester. >> the sequester. >> the sequester. >> i don't like the sequester. >> something so terrible. >> dogs and cats living together, mass hysteria! >> slow down. >> we've got immigration, gun control, electoral changes. >> it's time for them to exert a little leadership. >> we have to identify our principles. that takes time to explain to people. >> i've had enough of it. it's time to act. >>> john boehner announced today that marco rubio will deliver the republican response to president obama's state of the union address on tuesday. rubio aides are busy trying to spread the nonsense that he will write his own speech. senator rubio did an interview with buzz feed last night while drinking beer, a necessary proof to political reporters
. in the meantime he wants a short-term fix of spending cuts and tax revenue. republicans, of course, are not happy with this strategy. one senator saying that the president needs to get serious about this pointing out that americans don't want anymore tax increases. >> it's a huge issue. dan lothian at the white house. thank you. >>> also at the white house today the president has been meeting with labor and business leaders to push his plans for comprehensive immigration reform. later this hour i'll speak with one of the people who are inside that meeting with the president, the goldman sachs ceo, lloyd blackfine. he'll be in "the situation room." we'll hear from a rising star, san antonio mayor, julio castro who came to discuss fixing immigration. all of that coming up. at the same time, the president was speaking to reporters at the white house. the republicans number two man in the house of representatives was in the middle of his speech debuting the republican party new message to voters. eric cantor gave our chief congressional correspondent dana bash a preview. listen to this. >> there's a
they will have a universal registry. >>guest: and obama was not a tax until they needed it to be a tax. i don't think you can trust these people. feinstein has said, they will go door-to-door and pick them up. can i talk about what would work? >>chris: a couple questions and we will get to it. the murder, today, one of the things that concerns people, each day we talk about a shooting, oftentimes mass shootings, day after day after day, and the frustration is, you don't think that answering or limiting guns has anything to do with it. i understand there are some things you think do work and we will talk about that the murder yesterday of a former navy seal chris kyle, a man who wrote "american sniper" credited with the largest number of confirmed kills of any american soldier ever. he and another man gunned down at a texas gun range. >>guest: if you want to stop violence in the country, here is what you do. first if you want do protect our kids, you put armed security in schools. i am not talking about arming teachers but police officers and certified professional security people. there is no
-sponsoring, the balancing act i believe it's called, that would close upper income tax loopholes and keep nearly 300,000 teachers at work and add 1 million jobs to the economy. have i got that right, sir? >> you've got to right. and all we do is close loopholes on the fossil fuel industry, on the yacht owners and the plane owners. we close loopholes on carried interest. loopholes that should be closed in any budget environment. we close those and then we arrive at a place where we have balance between the cuts that we've already seen, $1.7 trillion, and revenue increases, and then through changes in -- through reductions and efficiencies in the pentagon budget, we put $300 billion into jobs, which saves teachers, which invests in school frukt, a and helps schools. >> congressman, mr. ryan and mr. mcconnell at the beginning of this year said quite clearly the revenues issue is now closed. it's off the table. there are no more discussions on revenues. >> so they would rather cut home heating oil for seniors -- >> yes. >> they'd rather cut women and infants and children. >> yes. >> food grams. >> yes.
against tax increases and all the rest of it, if you are a major political party, dick luger is a first round draft pick for you. he is the kind of guy you want in the senate seat. you want him in the senate seat because he does a very important thing, he does not lose senate elections. but in 2012, something really unexpected happened. and dick luger lost the seat. but he didn't lose it to a democrat. he lost in a primary to this guy. >> i think even when life begins in that horrible situation of rape, that it is something that got intended to happen. >> that is richard mourdock, the tea party anti-establishment candidate. he had endorsements from americans for prosperity, the national right to life association, he is the republican who knocked dick luger out in the primary, and also lost the 2012 senate race in indiana. he is part of why despite the democrats defending the seat, increased their majority by two seats. over the past couple of things this kind of thing happened to republicans an awful lot. the establishment has been getting routed by the tea party. and many have not foug
. to succeed, republicans must remain united under one demand: cuts with no taxes, or we'll let the sequester go into effect. the morning after they should sit down with obama for negotiations on real tax reform as recommended by the president's own simpson-bowles commission. broaden the base, lower the rates." and it was one of the things that secretary panetta was talking about, richard, the impact, he said if this goes into effect, it won't be short term, and the ramifications would be deep, steep and devastating. is that a fair assessment, that it would be very hard to turn this around quickly? >> if you have to do all the sequester in a hurry, then yes, it's a real problem because it doesn't let the pentagon begin to plan and distribute, if you will, the cuts. but at the end of the day, whether it's defense spending, education spending, health spending, what always matters more than how much you spend is how you spend it. and so i'm not, at the end of the day, all that worried about how much we spend, whether it's on defense or anything else. you just want to have the time to make some i
and a simplification of the tax code. this was part a the discussion on manufacturing hosted by "the atlantic." it is just under one hour. [applause] >> thanks so much for joining us. i want to start big picture. it has been a rough couple of years for the economy. people keep referring to the tantalizing signs of venue factory revival. manufacturing jobs are up to about 400,000. they are down roughly 6 million in the prior 11 years. is what we are seeing a dead cat bounce? is something going on here? is there a manufacturing renaissance in america? what are you seeing? >> is the us's manufacturing more competitive than it has been in the past? yes. it are a number of drivers. in high-tech manufacturing, material innovation is happening. there is a lots of innovation and advanced manufacturing. materials are higher than it was in the past ursus labor. the energy construct is being created by shale gas. the ability of companies to sell around the world and export in the markets that are growing. in the case of manufacturing, the future has a chance to be different from the past. we are at our
: republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks for corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they're poll tested gimmicks. >> reporter: the cuts were originally supposed to kick in last month, but a last-minute deal pushed them off for two months. the president is meeting at this hour with labor leaders later this afternoon with business leaders and the subject, norah and charlie, is sure to come up. >> nancy cordes thanks. >>> meantime house majority leader eric cantor will be outlining a new agenda for his party today calling for change. he wants republicans to focus more on issues like education and health care and spend less time talking about the deficit. congressman cantor is with us this morning. >> good morning. >> you've got a big speech today asking the republican party to change. is this about tone or ideology? >> what this is about is about making sure that we can express why we're doing what we're doing. we believe very strongly obviously in things lik
: really? >> i think that's the -- >> stephanie: interesting. >> big huge taxes to pay for roads! that's socialism! [ laughter ] >> stephanie: okay. bill o'reilly and bob beckel. >> the 60% who are answering approve of barack obama even though the economy is bad after -- >> it is better than it was -- >> yes, it is too. how can you possibly come up with -- >> it is not better than it used to be -- >> it is not going under water -- you have just wrong about this. >> yeah. i want you to understand where beckel is coming from. he will not admit it is worst than it was when the president took over. >> stephanie: i heard on fox and friends yesterday, i guess his approval rating is high because so many people are getting handouts. that's why -- >> because 60% of america is getting a hand out. >> i haven't gotten mine. where is mine at? >> stephanie: we're all a bunch of moochers. >> meanwhile the u.s. economy added 157,000 jobs -- [♪ "world news tonight" theme ♪] >> stephanie: shut up! shhhh! >> stephanie: although the jobless rate did tick up to 7.9%. >> aha! [
: but republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks from corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they'regimmicks. >> reporter: the sequester was originally supposed to quick in last month, but a last-minute deal between the vice president and senator mcconnell, who you just saw, pushed it off for two months. since then, the will to enact a long-term deal appears, charlie and nora, to have evaporated. >> nancy cordes. >>> meantime, house majority leader eric cantor will be outlining a new agenda for his party today. he'll call on republicans to focus on issues like education and health care and spend less time talking about the deficit. congressman cantor, good morning. >> good morning. >> you've got a big speech today asking the republican party to change. is this about tone or ideology? >> what this is about is about making sure that we can express why we're doing what we're doing. we believe very strongly obviously in things like fiscal discipline and not spending money you don't have. we als
tax loopholes and deductions that the average american cannot take advantage of, to raise the revenue, to actually do the job in a way that allows us to continue to grow. now, the reason this is relevant is because i gather and i haven't gotten this from first-hand sources, but from second hand sources in the press that our friends on the other side of the aisle, their position is we're concerned about the sequester. we recognize that just cutting the federal spending with the meat ax as opposed to scalpel is probably damaging and will damage our national security and will damage our educational system, will have kids getting kicked off of head start. it will mean people who have disabled kids. they recognize that the sequester is a bad idea, but what they've suggested is that the only way to replace it now is for us to cut social security, cut medicare, and not close a single loophole, not raise any additional revenue from the wealthiest americans or corporations who have a lot of lawyers and accountants who are able to maneuver and manage and work and game the system. i have to tell
, yes, deficits and taxes and sequesters and potential government shutdowns and debt ceilings. we'll talk about that stuff. all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher, or a construction worker or a receptionist, that they can make it if they work hard. and that their kids can make it. and dream even bigger dreams than they have achieved. and obviously, a lot of what we'll be working on michellely over the next few weeks is going to be on how do we deal with the sequester issue, and i just want to make this quick point. i had a press conference this week in which i reiterated i am prepared, eager, and anxious to do a big deal, a big package that ends this governance by crisis for every two weeks or every two months or every six months. we are threatening this hard won recovery where finally housing is starting to pick up and commercial real estate is starting to do better and the unemployment numbers are still too high, but we're seeing some job growth and businesses are investing and manufacturing is doing we
Search Results 0 to 49 of about 79 (some duplicates have been removed)